REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)

12 Months Ended

Dec. 31, 2023

REVENUE FROM CONTRACTS WITH CUSTOMERS

Schedule of net revenues by reportable segments

	Year Ended December 31, 2023
	Core Banking												Republic Processing Group
										Total			Tax			Republic			Republic
	Traditional			Warehouse			Mortgage			Core			Refund			Payment			Credit			Total			Total
(dollars in thousands)	Banking			Lending			Banking			Banking			Solutions			Solutions			Solutions			RPG			Company
Net interest income (1)	$	194,516		$	9,447		$	282		$	204,245		$	29,557		$	15,729		$	39,247		$	84,533		$	288,778
Noninterest income:
Service charges on deposit accounts		13,810			44			—			13,854			—			—			1			1			13,855
Net refund transfer fees		—			—			—			—			15,748			—			—			15,748			15,748
Mortgage banking income (1)		—			—			3,542			3,542			—			—			—			—			3,542
Interchange fee income		12,926			—			—			12,926			126			4			1			131			13,057
Program fees (1)		—			—			—			—			—			2,827			12,755			15,582			15,582
Increase in cash surrender value of BOLI (1)		2,719			—			—			2,719			—			—			—			—			2,719
Death benefits in excess of cash surrender value of life insurance (1)		1,728			—			—			1,728			—			—			—			—			1,728
Net losses on OREO		(211)			—			—			(211)			—			—			—			—			(211)
Other		4,913			—			74			4,987			215			154			81			450			5,437
Total noninterest income		35,885			44			3,616			39,545			16,089			2,985			12,838			31,912			71,457
Total net revenue	$	230,401		$	9,491		$	3,898		$	243,790		$	45,646		$	18,714		$	52,085		$	116,445		$	360,235
Net-revenue concentration (2)		64	%		3	%		1	%		68	%		13	%		5	%		14	%		32	%		100	%

(1) This revenue is not subject to ASC 606.

(2) Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue.

	Years Ended December 31, 2022
	Core Banking												Republic Processing Group
										Total			Tax			Republic			Republic
	Traditional			Warehouse			Mortgage			Core			Refund			Payment			Credit			Total			Total
(dollars in thousands)	Banking			Lending			Banking			Banking			Solutions			Solutions			Solutions			RPG			Company
Net interest income (1)	$	171,543		$	13,729		$	519		$	185,791		$	16,896		$	4,819		$	29,185		$	50,900		$	236,691
Noninterest income:
Service charges on deposit accounts		13,388			50			—			13,438			(12)			—			—			(12)			13,426
Net refund transfer fees		—			—			—			—			17,080			—			—			17,080			17,080
Mortgage banking income (1)		—			—			6,196			6,196			—			—			—			—			6,196
Interchange fee income		12,943			—			—			12,943			176			6			—			182			13,125
Program fees (1)		—			—			—			—			—			2,872			13,300			16,172			16,172
Increase in cash surrender value of BOLI (1)		2,526			—			—			2,526			—			—			—			—			2,526
Net losses on OREO		(211)			—			—			(211)			—			—			—			—			(211)
Contract termination fee		—			—			—			—			5,000			—			—			5,000			5,000
Legal settlement		—			—			—			—			13,000			—			—			13,000			13,000
Other		3,002			—			136			3,138			260			98			—			358			3,496
Total noninterest income		31,648			50			6,332			38,030			35,504			2,976			13,300			51,780			89,810
Total net revenue	$	203,191		$	13,779		$	6,851		$	223,821		$	52,400		$	7,795		$	42,485		$	102,680		$	326,501
Net-revenue concentration (2)		63	%		4	%		2	%		69	%		16	%		2	%		13	%		31	%		100	%

(1) This revenue is not subject to ASC 606.

(2) Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue.

	Year Ended December 31, 2021
	Core Banking												Republic Processing Group
										Total			Tax			Republic			Republic
	Traditional			Warehouse			Mortgage			Core			Refund			Payment			Credit			Total			Total
(dollars in thousands)	Banking			Lending			Banking			Banking			Solutions			Solutions			Solutions			RPG			Company
Net interest income (1)	$	157,249		$	25,218		$	1,081		$	183,548		$	14,999		$	838		$	23,355		$	39,192		$	222,740
Noninterest income:
Service charges on deposit accounts		12,506			57			—			12,563			(10)			—			—			(10)			12,553
Net refund transfer fees		—			—			—			—			20,248			—			—			20,248			20,248
Mortgage banking income (1)		—			—			19,994			19,994			—			—			—			—			19,994
Interchange fee income		12,777			—			—			12,777			277			8			—			285			13,062
Program fees (1)		—			—			—			—			—			3,171			11,066			14,237			14,237
Increase in cash surrender value of BOLI (1)		2,242			—			—			2,242			—			—			—			—			2,242
Net losses on OREO		(160)			—			—			(160)			—			—			—			—			(160)
Other		4,127			—			191			4,318			81			—			—			81			4,399
Total noninterest income		31,492			57			20,185			51,734			20,596			3,179			11,066			34,841			86,575
Total net revenue	$	188,741		$	25,275		$	21,266		$	235,282		$	35,595		$	4,017		$	34,421		$	74,033		$	309,315
Net-revenue concentration (2)		61	%		8	%		7	%		76	%		12	%		1	%		11	%		24	%		100	%

(1) This revenue is not subject to ASC 606.

(2) Net revenue represents net interest income plus total noninterest income. Net-revenue concentration equals segment-level net revenue divided by total Company net revenue.